Intrua Financial LLC Purchases 87,280 Shares of JPMorgan Equity Premium Income ETF $JEPI

Intrua Financial LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 477.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,548 shares of the company’s stock after buying an additional 87,280 shares during the period. JPMorgan Equity Premium Income ETF comprises 0.6% of Intrua Financial LLC’s portfolio, making the stock its 28th largest holding. Intrua Financial LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,982,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $402,000. AQR Capital Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 28.1% during the first quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock valued at $4,845,000 after purchasing an additional 18,619 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $847,000. Schnieders Capital Management LLC. acquired a new stake in JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $3,093,000. Finally, First Trust Advisors LP bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $529,000.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $56.44 on Tuesday. The firm has a market capitalization of $44.72 billion, a P/E ratio of 23.93 and a beta of 0.54. The stock has a fifty day moving average price of $56.29 and a two-hundred day moving average price of $57.38. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90.

JPMorgan Equity Premium Income ETF Profile

The JPMorgan Equity Premium Income ETF (JEPI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed fund that invests in large-cap US stocks and equity-linked notes (ELNs). It seeks to provide similar returns as the S&P 500 Index with lower volatility and monthly income. JEPI was launched on May 20, 2020 and is managed by JPMorgan.